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Leaves and Buds Are Attached to the Stem at the

question 10

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Leaves and buds are attached to the stem at the

Recognize the impact of personal liabilities and actions of partners on the partnership and other partners.
Understand the legal criteria for establishing a partnership relationship and the implications of managerial roles within it.
Identify conditions under which a partnership can be terminated and the effect of such termination on partner's liabilities and claims.
Understand the foundational elements required for marketing to occur.

Definitions:

Misrepresentation

A false statement of fact made by one party to another party, which has the effect of inducing that party into a contract.

Undue Influence

The situation in which one person has taken advantage of his or her dominant position in a relationship to persuade the other person unduly to the extent that the dominant person’s persuasive efforts have interfered with the other person’s ability to make his or her own decision.

Fraudulent Misrepresentation

An intentional false statement of a material fact made by one party to induce another party to enter into a contract.

Duress

Any unlawful act or threat exercised on a person whereby the person is forced to enter into an agreement or to perform some other act against his or her will.

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